Chapter 937 Qimonda Bankruptcy (4k)

In Silicon Valley, Kong Yu really had a good rest for two days.

In his heart, he still has the majestic aftertaste of the financial crisis, and he is also a little sad because he is not very free.

But on the day he was scheduled to attend a dinner for Silicon Valley bosses, Kong Yu suddenly became curious. He put down his glass of red wine and arrived at Yike Silicon Valley R&D Center in the morning. He was first trapped in the fingerprint lock for ten minutes, and then witnessed the boss's whole day. work.

There were two meetings in one morning, one was the Double Eleven event of the domestic e-commerce website, and the other was the summary meeting of the Domestic Ice Core Service Alliance. The lunch time between and after the meetings was filled with documents.

In the afternoon, Mr. Fang happily played with competing mobile phones on the market with the R&D center team, discussed ideas for future products, and also solicited opinions from the Silicon Valley Center on department restructuring.

In the evening, Kong Yu went to the office first and waited for his boss to answer the last-minute call.

It is still the familiar Biluochun.

But Kong Yu's mood for drinking tea this time became a little different.

Mr. Fang, you are living an ordinary life these days...

There was a time when Kong Yu felt that he was close to depression. He would often sleep in New York tonight and go to the Louvre Museum in Paris to see famous paintings the next day. It is true that the work pressure is high, but his life is still free and easy.

Mr. Fang, this, this, this... where does this come from so much energy?

Half an hour later, when Kong Yu saw his boss hurried into the office, the first thing he did was grab his clothes and said "go".

"Mr. Fang, doesn't it start at eight o'clock?" Kong Yu immediately picked up his clothes and followed him out.

"An old friend arrived earlier, and Stringer from Sony also came to join in the fun. I happened to chat with him about some cooperation matters." Fang Zhuo said with a smile.

Kong Yu followed the boss with his head sullenly. When the three cars were in their seats, he got on the car and couldn't help but asked: "Mr. Fang, you have been working from morning to night, aren't you tired?"

After saying this, he felt that it seemed inappropriate and added, "If it were me, I definitely wouldn't be able to sustain such intensity of work."

Fang Zhuo looked at Kong Guangtou in surprise: "Are you feeling ill?"

"Ah no, I mean work pressure." Kong Yu said quickly.

"Work pressure... although there is a lot of competition in all aspects, it's not bad." Fang Zhuo thought for a while, and somewhat understood what Mr. Kong was talking about, "Your job is to look at numbers all the time, and I can feel the more substantial ones. change."

He smiled and said: "Mr. Kong, you have done a good job. As far as we are concerned, you are really good, but you have to look forward like me. As soon as you look up, there is Buffett in front of you. , the same goes for me. I looked forward and saw that Nokia was still alive and Taiwanese journalists were still far ahead.”

"You, just set a goal for yourself. When will you become the Buffett of the new era? If you are no longer interested, just think about something else."

Fang Zhuo chatted: "The world is so big, the market is so broad, and there are so many opportunities. You have to take advantage of this good era to do more. When will you become a benchmark? With a wave of your hand, capital will come pouring in. How interesting will that be?" , Mr. Kong, do you think so?”

Kong Yu felt that his boss was... filling him with ecstasy soup again.

"There is nothing wrong with your body, but your mental state may be a little sluggish. The needs of customers are still very strong, so you can't be content with being ordinary." Fang Zhuo glanced at Mr. Kong and saw that he didn't take it seriously, so he could only say, "This You won’t be able to quit in a few years, so it’s better to do more.”

Kong Yu felt that the boss finally spoke his mind!

The short selling is basically over, the business in Europe needs to be paved and observed, and the MIGA fund, which has been silent on the surface, is about to make a comeback.

The market is now extremely panicked, and many high-quality assets have prices that are clearly inconsistent with their actual value.

When others are afraid, this is the time to be greedy again.

Also, for the upcoming disposal of toxic assets, the MIGA fund does not need to appear so openly, but it does not need to be separated by many layers. It just needs to protect the privacy of customers.

Kong Yu's thoughts began to wander again.

Fang Zhuo did not continue the conversation and began to think about his own affairs.

As a foreign director of Sony, although he had not cared about the group's situation for a while, the old Jazz still lived up to his expectations and brought the group to losses.

But can you blame Stringer?

It’s a big environmental problem!

Fang Zhuo wanted to help his old friends solve their problems and increase the shareholding ratio of Shanghai Factory No. 3, which Bingxin cooperated with Sony.

Previously, Bingxin operated this fab on a 50% + 1 share basis. Sony, after several considerations, spun off the sensor department and established a subsidiary to hold 50% of the shares.

This cooperation has been going well. Sony's foundation in sensors is still very deep, and with the focus of energy, there is an increasingly better trend.

Sony successfully turned a profit last year, and this year Sony successfully turned a profit into a loss.

Fang Zhuo guesses that it’s not feasible to buy Sony’s New York building now, but maybe it’s possible to eat some sensor meat.

At 6:30 in the evening, Stringer, who arrived in Silicon Valley early, looked a little haggard.

When Fang Zhuo saw Stringer, he made the most sincere suggestion: "Sir, come with me to make Android. I heard that Sony Ericsson has suffered a lot of losses. Our Android now lacks a strong leader."

He had mentioned this to the old knight a long time ago, and had noticed it a long time ago...

Stringer asked with a smile: "Don't you already have Samsung for Android?"

"Sony Ericsson is no worse than Samsung, so why bother doing WM with Microsoft?" Fang Zhuo persuaded.

Singer still smiled and evaded: "You should ask Miyamoto about the judgment of mobile phone products. I don't refuse to cooperate with Microsoft or Google."

"Next time I go to New York, I will definitely call Miyamoto and let him listen to my sales pitch." Fang Zhuo shook his head slightly. He had long noticed that... As the head of Sony, Stringer was arrogant.

He would rather choose Microsoft, which has long been a giant, and use its WM system, rather than easily try Android, which is a new system.

Fang Zhuo's sincerity stopped here.

He talked briefly about the current work of Sony sensors and found that the old knight was not very familiar with this aspect, so he had to popularize some situations first and leave a topic for later discussion.

Stringer's visit to Silicon Valley this time was also a social event, and the real topic was still today's dinner.

This dinner was a private gathering involving many technology giants in Silicon Valley. Google's Schmidt, Oracle's Ellison, Twitter's Dorsey and others were among the guests. It is said that there were also discussions on stimulating economic growth and increasing employment.

Fang Zhuo felt half-hearted about being invited this time. Yike Mobile Phone has emerged as a new force and also holds shares in Twitter. The fund is helping O'Neal not to have to travel around for speeches for money or take photos for fun. This is a personal friendship.

By the way, he also recommended Mr. Kong to launch a wave of fund client recruitment activities. O'Neal, Geithner, and Summers, these core clients, will definitely be very busy in the future. The relationship between them can be maintained directly with numbers, but some people who can play golf when they have nothing to do are needed, and they probably need to be selected from O'Neal's team.

Fang Zhuo put aside losses and strategies in the banquet hall and had a good chat with the old knight.

Soon, with the arrival of Schmidt, Zuckerberg and others, everyone's topic began to gradually focus on the current economic situation.

Fang Zhuo listened a lot and did not show his presence.

When O'Neal, Lu Peining and others arrived at the restaurant, the atmosphere of the discussion reached its peak.

Fang Zhuo took advantage of their conversation to chat with Lu Peining, the core staff of Xiao Ao. They were not very enthusiastic, but not cold either.

This was not the first time Kong Yu met Xiao Ao, but the feeling he had when he met him this time suddenly changed.

This is the person who just won this month!

"Buy Google's stock in the future and see how radiant Schmidt is." Fang Zhuo and Lu Peining chatted and laughed, then turned to Kong Yu and said, "Right, Mr. Kong?"

Kong Yu was a little distracted just now and didn't participate in the boss's topic in time, but when he heard this, he immediately nodded and praised: "Now in the financial crisis, our fund is very cautious, but Google's prospects are definitely very good and worth holding for a long time."

Lu Peining smiled and said, "I don't understand this kind of thing, but I know..."

He complimented: "The cooperation between Google and Yike is very dazzling, and Yike's stock is definitely worth holding for a long time."

Fang Zhuo laughed: "I will take the lead on this. Yes, Yike sold very well this quarter. We are waiting for the Christmas promotion next month. Although the economy is not good now, it will definitely pass. Yike's stock will rise well in the future."

Lu Peining nodded in agreement.

According to his observation, the mobile phone industry seems to be undergoing profound changes, and Yike is very competitive.

"Mr. Kong, remember to buy more Google and Yike stocks first, and then use the remaining money to buy other companies that came today." Fang Zhuo jokingly ordered.

Kong Yu felt that part of the work content was being activated.

He quickly talked about the value investment philosophy of MIGA Fund in Lu Peining's half-smiled eyes. He wanted value investment, not price speculation...

The dinner went smoothly, and the accompanying assistant took a group photo for everyone.

Fang Zhuo only had a brief chat with Xiao Ao at the end. He insisted that globalization is a good way to deal with the financial crisis.

Kong Yu was far away at this time. He didn't know what the boss and this person were talking about. He just felt that this scene was quite magical.

But it seems difficult to say what kind of magic method it is.

Everyone is making money, and making money by seeking common ground while reserving differences.

At 10:30 in the evening, the dinner ended.

Fang Zhuo's greetings with a group of people he knew or just met also allowed Mr. Kong to maintain a relatively independent attitude from himself.

When everyone left and Fang Zhuo was about to get in the car, Kong Yu suddenly received the latest news on his phone. Just as he was about to inform his boss, his secretary Liu Zonghong on the other side had already whispered to him.

"No way? So fast? Qimonda filed for bankruptcy just like that?"

Fang Zhuo was surprised.

Liu Zonghong nodded seriously. This was the latest news just announced by Qimonda in Germany. It filed for bankruptcy with the Munich District Court.

Kong Yu couldn't help but complain in his heart. It was indeed fast, but the reason why it was so fast...

Fang Zhuo regretfully said: "The overall environment is really not good. Let's go, get in the car."

The car started slowly.

Fang Zhuo flipped through the address book and looked for the phone number of Mr. Luo, the head of Qimonda.

He called and was on the phone.

"Qimonda filed for bankruptcy just like that. It really caught people off guard." Fang Zhuo held the phone, "The problem is, Qimonda really has no explanation for the arrears of OEM fees. At least they should have informed us of the bankruptcy."

"Qimonda's funding gap must be unexpectedly large." Kong Yu made a short call on Qimonda and naturally studied its situation. "Several foundries it cooperates with in Asia have suffered from the collapse of DRAM prices. And with huge losses and no funds now, it is really unsustainable.”

"The most important thing is that Infineon is unwilling to spend money to save lives. If Infineon itself doesn't save lives, how can others dare to pay for it."

Fang Zhuo has expectations for Qimonda's bankruptcy, but has no estimate for the time.

Thoughts were running through his mind. Qimonda, the European memory leader, was the first to fall. This was undoubtedly the beginning of a reshuffle in the DRAM industry.

What does this mean for ice cores?

Should we quickly spin off Lin'an No. 2 Factory and operate it independently?

Bingxin's core business is wafer foundry with advanced processes. The memory is separated by a layer, and the development of the two sides is also different.

Just as he was thinking about it, there was a call back from Mr. Luo Jianhua.

"Mr. Luo..." Fang Zhuo pressed the answer button and sighed, "Mr. Luo! You, you!"

Luo Jianhua had no voice.

Fang Zhuo sighed: "Hey, Mr. Luo, you are really...well, you really haven't encountered a good environment."

When Luo Jianhua heard this sigh from Mr. Fang, he couldn't help but sigh: "Mr. Fang, I'm sorry for you."

He knew very well what it meant for Lin'an Factory to cut orders on a large scale.

Fang Zhuo knew what Luo was always talking about. He wanted to scold the other party, but thinking that he was not worthy of it, he let it go and looked forward now.

"Is Qimonda really irreversible?" he asked.

Luo Jianhua asked with his last glimmer of hope: "Can Bingxin or Yike come up with funds?"

Fang Zhuo replied decisively: "If we can't get it out and the environment is not good, who dares to use life-saving liquidity at this time?"

Luo Jianhua asked for help from several companies for the same reason. Who dares to take money during the economic crisis?

He could only answer the last question bitterly: "It's irreversible. Germany is unwilling to acquire our shares and has clearly refused. Infineon is unwilling to take money, and banks are unwilling to lend. Everything is gone. Now Still facing huge losses.”

Fang Zhuo was silent for a while and asked: "My side..."

"Mr. Fang, don't worry, Qimonda will auction its assets after going through bankruptcy proceedings, and the OEM fees will be settled." That's all Luo Jianhua could say.

Fang Zhuo changed his mind and continued: "No, Mr. Luo, I'm not asking you about the OEM fee. I want to ask you, since Qimonda is irreversible, have you considered developing in the mainland?"

Luo Jianhua was stunned, this...

He thought for a few seconds and finally said: "I have not considered future issues for the time being. I want to handle Qimonda's bankruptcy."

"Yes, I know. I'm just very sorry. It's obviously an environmental problem." Fang Zhuo said regretfully, "In this case, Mr. Luo, you deal with the Qimonda matter first. I will probably go there with the mainland chamber of commerce next month. We can talk about it when we visit Europe.”

Luo Jianhua suddenly felt a sense of comfort. Even though Qimonda was bankrupt, people like Mr. Fang still recognized him.

"Mr. Luo, be strong and come on." Fang Zhuo gave him the final encouragement.

Luo Jianhua thanked him and ended the call.

Kong Yu, who was listening to the call next to him, was a little surprised: "Mr. Fang, is Mr. Luo invited to come to Bingxin?"

"Qimonda has collapsed, but Qimonda's patents are still there. What if Mr. Luo is willing to provide more convenience in the process of disposing of the patents and let him come to the ice core." Fang Zhuo sighed, "After all, the general environment is not good Well, it’s not entirely his fault.”

After all, the general environment is not good. Otherwise, if Qimonda's patent tries to reincarnate in dirty soil, the environment here may be better.